WEBVTT 00:01.200 --> 00:06.280 We are now preparing for the worst case scenario. 00:07.700 --> 00:11.300 This was a quote that I heard earlier today. 00:12.040 --> 00:13.540 And you might think, well, 00:13.720 --> 00:15.340 a lot of people are saying this at the moment, 00:15.360 --> 00:17.700 but when I actually started to look into 00:18.220 --> 00:21.740 who these people were that were saying these big statements 00:21.740 --> 00:23.860 and why there were so many TV cameras on them, 00:24.180 --> 00:27.140 I kind of thought this is a bigger story 00:27.140 --> 00:30.720 than anybody is really giving it the credit for 00:30.720 --> 00:32.760 or paying enough attention on it. 00:33.060 --> 00:34.940 So who was it that was saying this? 00:35.200 --> 00:38.540 Well, it was the WHO, the World Health Organization, 00:38.860 --> 00:41.360 but really they were the same people 00:41.360 --> 00:44.420 that were part of the UN, the United Nations. 00:44.620 --> 00:47.300 So we've now got these massive statements 00:47.300 --> 00:49.500 and I'll tell you the preparations in a moment, 00:49.880 --> 00:52.540 but we've got these massive statements coming out 00:53.380 --> 00:55.780 with the preparations behind it, 00:55.780 --> 00:56.880 which took a bit of digging, 00:57.200 --> 00:59.620 but they are actually preparing for, 01:00.120 --> 01:01.520 get this, are you ready for this? 01:01.920 --> 01:04.580 They think either Iran or the, sorry, 01:04.860 --> 01:08.320 Israel or the US is going to drop a nuclear weapon, 01:08.320 --> 01:09.800 I can't believe I'm saying this, 01:10.200 --> 01:12.600 a nuclear weapon in Iran. 01:13.120 --> 01:14.640 This is absolutely true. 01:14.820 --> 01:17.760 This has been, I've had to verify this 01:17.760 --> 01:19.460 because I couldn't even believe this was true. 01:19.560 --> 01:23.120 And it's now hitting all the media outlets, 01:23.440 --> 01:26.020 although not a lot of the main ones at the moment. 01:26.340 --> 01:27.900 And this is just the tip of the iceberg. 01:27.900 --> 01:30.120 We've got so much to talk about today 01:30.120 --> 01:33.060 and the new studio is finally set up. 01:33.140 --> 01:35.920 I had time to finish it all today. 01:36.140 --> 01:39.160 So we are good to stream from here going forward. 01:39.600 --> 01:41.120 So let me go to the shared screen a moment 01:41.120 --> 01:43.480 because I really don't think you're going to believe 01:44.040 --> 01:45.680 some of the stuff that we're going to go over. 01:45.820 --> 01:47.020 So let's begin with this one. 01:47.560 --> 01:49.560 This is the worst case scenario, 01:49.700 --> 01:53.380 Middle East nuclear concern, haunt the top health officials. 01:53.660 --> 01:55.960 So this is a lot of these people, by the way, 01:55.960 --> 01:58.880 that have come together to discuss all of this. 01:59.240 --> 02:02.500 And they really think there's a nuclear catastrophe 02:03.040 --> 02:05.660 on the way and they think that it's either going to be 02:05.660 --> 02:09.220 the US or Israel that's going to do this to Iran 02:09.220 --> 02:12.780 and Iran may retaliate or it's just like, 02:12.920 --> 02:16.160 it's just crazy the stuff they're talking about. 02:16.560 --> 02:18.120 So they say the worst case scenario 02:18.120 --> 02:21.820 is a nuclear incident and that's what worries us the most. 02:22.040 --> 02:23.340 As much as we prepare, there's nothing 02:23.340 --> 02:27.260 that can prevent the harm that will come the region's way. 02:27.660 --> 02:29.360 And globally, if this actually happens 02:29.360 --> 02:32.320 and the consequences are going to last for decades, 02:32.900 --> 02:35.760 staff are prepared, you can see it here, 02:35.880 --> 02:38.960 staff are prepared for a nuclear incident 02:38.960 --> 02:42.220 in its broadest sense and including an attack 02:42.220 --> 02:45.480 on a nuclear facility or the use of a weapon. 02:46.460 --> 02:50.480 So what they're actually saying is they're not saying 02:50.480 --> 02:52.600 that they think the US or Israel 02:52.600 --> 02:54.320 is going to actually drop one, 02:54.320 --> 02:56.420 although they think that is one of their scenarios. 02:57.240 --> 03:00.120 They think that if you listen to the whole thing, 03:00.200 --> 03:02.520 they think that what might happen is a deliberate strike 03:02.520 --> 03:05.160 on a nuclear facility that Iran has, 03:05.260 --> 03:08.520 although Trump said that it's all been 100% destroyed, 03:08.800 --> 03:11.840 but I guess some people don't believe that 03:11.840 --> 03:14.600 within the UN and the WHO. 03:15.040 --> 03:18.540 Not that I give those organizations too much credit anyway. 03:19.220 --> 03:21.460 They are not my favorite organizations 03:21.460 --> 03:23.420 if you get what I mean there, 03:23.460 --> 03:24.940 but this is what they're saying, 03:25.340 --> 03:28.300 that they really think and they put all these plans together. 03:29.060 --> 03:30.140 They've even done a refresh, 03:30.340 --> 03:31.960 it says they've refreshed their staff 03:31.960 --> 03:35.840 on how to respond in the event of a nuclear incident, 03:36.480 --> 03:39.260 how it's all gonna be handled, what precautions, 03:40.040 --> 03:43.780 they're looking to provide equipment and meds 03:43.780 --> 03:46.800 and all sorts of things for this scenario. 03:47.040 --> 03:49.340 I mean, this is crazy, ladies and gents. 03:49.980 --> 03:53.860 And it's kind of funny because when it, 03:54.060 --> 03:55.260 sorry, not funny, ironic, 03:55.520 --> 03:57.320 I keep getting these comments all the time 03:57.320 --> 03:58.940 and I keep talking about them every stream 03:59.360 --> 04:01.860 where people say, ha, you said oil's here 04:01.860 --> 04:03.860 and now it's dropped by another $5. 04:04.480 --> 04:06.620 Ladies and gents, I think this is the fourth time 04:06.620 --> 04:07.500 I've said it now. 04:08.580 --> 04:11.920 Don't listen to what the market's doing. 04:12.240 --> 04:15.060 Okay, at any time anyone says, 04:15.260 --> 04:16.280 and it doesn't have to be Trump, 04:16.400 --> 04:18.180 it can be anyone with some power says, 04:18.700 --> 04:20.780 oh, this has just happened, we've just done this, 04:21.080 --> 04:22.660 oil prices are gonna come back down. 04:23.280 --> 04:25.540 The market, I don't know what they're thinking 04:25.540 --> 04:26.700 but they just believe it 04:26.700 --> 04:28.780 and then all of a sudden the price drops again 04:28.780 --> 04:30.980 and you can see it on the chart, let's open it up. 04:31.500 --> 04:33.380 And there's a reason I'm showing you this in a moment. 04:33.760 --> 04:35.980 You can see it, it just goes up and it goes down, 04:36.100 --> 04:38.660 it goes up, another announcement, another announcement. 04:39.040 --> 04:42.780 Well, look where it was today, $109 a barrel. 04:43.140 --> 04:46.600 We still at $106 now, $106 a barrel 04:46.600 --> 04:48.160 and we can look at it on the year as well 04:48.160 --> 04:51.620 is absolutely taking off like a rocket. 04:52.420 --> 04:54.280 Usually it's good when you see this. 04:54.980 --> 04:57.960 This is usually our investments that we talk about 04:57.960 --> 05:00.780 on the channel or more accurately on the Patreon 05:00.780 --> 05:02.620 but you can see normally you'd say, 05:02.740 --> 05:04.680 yes, look, I've made 60% this month. 05:05.140 --> 05:07.960 No, this is a bad green. 05:08.420 --> 05:11.260 This is crude at 46 and a half on the month. 05:11.600 --> 05:14.800 Brent is up 50% on the month, $106.95. 05:15.400 --> 05:18.580 I mean, ladies and gents, this is not positive, okay? 05:18.660 --> 05:20.840 I've just got to re-emphasize this 05:20.840 --> 05:23.380 and I want to tell you all about the knock-on effects. 05:23.740 --> 05:26.800 I did a little bit more forecasting for you today 05:26.800 --> 05:28.980 and the other thing I've done is I've updated 05:28.980 --> 05:30.200 all of that software. 05:30.460 --> 05:32.260 Well, I've given you all these forecasts since 05:32.260 --> 05:37.600 right back to early 2020, late 2019, all the forecasts, 05:37.740 --> 05:42.580 I've actually finally now integrated my software with AI 05:43.130 --> 05:45.520 and it's really quite scary. 05:45.940 --> 05:50.000 Some of the forecasts it's given going right the way forward. 05:50.080 --> 05:52.080 I'm only up to about 2032 at the moment 05:52.080 --> 05:54.200 but a lot of the forecasts I've been giving you 05:54.200 --> 05:56.560 since 2020 haven't really changed 05:56.560 --> 06:00.700 even with the AI bringing in thousands more data points. 06:00.880 --> 06:02.640 So it is a little bit concerning. 06:03.220 --> 06:06.640 One point I will mention is we've heard 06:06.640 --> 06:07.720 a lot of announcements today. 06:08.140 --> 06:11.740 Trump's even talking about maybe there'll be a breakaway 06:11.740 --> 06:14.220 from NATO, we don't need NATO and things like that. 06:14.760 --> 06:15.920 Now I was trying to forecast that, 06:16.080 --> 06:17.680 what would that even look like? 06:18.100 --> 06:21.900 I mean, that would be 75 years of that coalition 06:22.520 --> 06:23.820 sort of over and done with. 06:24.560 --> 06:27.880 You would see, you'd probably see a lot more conflict 06:28.580 --> 06:30.420 and I was trying to forecast that today 06:30.420 --> 06:32.700 and it's not looking good but we'll talk about that 06:32.700 --> 06:34.360 a little more on another day 06:34.360 --> 06:37.480 because I want to get into how this is going to affect you 06:37.480 --> 06:41.000 and if you didn't see Monday stream, 06:41.000 --> 06:42.440 definitely watch Monday stream. 06:43.080 --> 06:46.580 But I did mention I finished creating for you now 06:46.580 --> 06:50.580 digital income mastery which I'm so, so excited 06:51.240 --> 06:53.280 that so many of you are taking it. 06:53.460 --> 06:56.880 We're still doing only 25 spots a day at the moment 06:56.880 --> 06:59.940 while it's on the pre-launch and then this weekend 06:59.940 --> 07:01.920 you'll have two more modules. 07:02.020 --> 07:05.600 So you'll have half of the digital income blueprint 07:05.980 --> 07:08.460 and this is gonna show you in effect. 07:08.460 --> 07:10.640 You can watch this video, I'll put the link below. 07:11.440 --> 07:12.720 But this is gonna show you, 07:12.900 --> 07:14.980 I think you're really gonna find this useful 07:14.980 --> 07:17.420 and it is, it's a massive discount right now 07:17.420 --> 07:18.700 and you see the price, you'll be like, 07:19.420 --> 07:21.180 I think you'll be surprised by it 07:21.580 --> 07:24.560 and I'm getting as many people onboarded per day as possible 07:24.560 --> 07:27.040 but it's such a big program, there's a lot to do, 07:27.320 --> 07:28.200 a lot of moving parts. 07:28.580 --> 07:30.500 But what it's really gonna do for you 07:31.060 --> 07:32.920 if you think about all the crises we're seeing 07:33.520 --> 07:35.840 and how, and it's interesting, 07:36.040 --> 07:38.040 I was even speaking to a client in Dubai 07:38.040 --> 07:40.760 and I said, when this first started, 07:40.860 --> 07:43.500 I said, if I were you, I would think about 07:43.500 --> 07:44.660 getting out of the region 07:45.120 --> 07:47.100 because if they're gonna be doing all of this, 07:47.280 --> 07:48.380 it's only gonna get worse. 07:48.680 --> 07:51.620 You think Dubai is very different from some other cities. 07:51.980 --> 07:54.880 It's like, it's just, it's beauty 07:54.880 --> 07:57.440 and a lot of glass and all the buildings 07:57.440 --> 08:01.500 and it's not designed for what is happening right now. 08:01.600 --> 08:02.200 It's really not. 08:02.680 --> 08:05.360 And even when I said, don't go to the international airport, 08:05.480 --> 08:07.420 that's the worst possible place you can sit 08:07.420 --> 08:10.140 and wait and what happened yesterday on Monday? 08:10.460 --> 08:11.640 A rocket hit the airport. 08:12.940 --> 08:15.620 So, I'm not saying all this stuff to be alarmist. 08:15.780 --> 08:20.420 I'm trying to help you or those of you who are 08:20.420 --> 08:23.240 in these areas, you just gotta be so, so careful. 08:23.520 --> 08:25.660 So why did I create this program then? 08:26.360 --> 08:30.100 Because when I created all these backup systems 08:30.100 --> 08:34.440 for myself, additional visas, additional residencies, 08:34.440 --> 08:38.180 income that isn't dependent on a fixed location, 08:38.300 --> 08:40.660 which is why I stream from wherever I am in the world 08:40.660 --> 08:42.540 and I can still bring you the information. 08:43.420 --> 08:46.720 I did that and then I wanted to create something similar, 08:47.340 --> 08:48.760 a kind of blueprint that you could follow 08:48.760 --> 08:49.480 and you could model. 08:49.720 --> 08:51.860 That's really what I was trying to do with the program. 08:52.140 --> 08:55.180 And I think it's worked because people are already saying 08:55.180 --> 08:57.460 they can actually see the stuff. 08:57.580 --> 08:59.380 We've had loads of people that went through the trial 08:59.380 --> 09:03.200 over the last nine months who are making money as well 09:03.200 --> 09:04.880 and really simply what it is, 09:05.180 --> 09:08.960 we are simply making digital products and services 09:08.960 --> 09:12.640 in this new digital economy that people are searching for 09:12.640 --> 09:14.400 every day that don't exist. 09:15.000 --> 09:17.380 And it's so, so simple with AI now. 09:17.860 --> 09:22.000 We're just, there's so many things that don't exist 09:22.000 --> 09:24.740 that people want and need that it's crazy. 09:25.100 --> 09:25.980 Absolutely crazy. 09:26.300 --> 09:27.360 I can't even keep up. 09:27.480 --> 09:30.560 I've got so many of these products now that are online. 09:31.180 --> 09:32.280 AI is doing a lot of it. 09:32.280 --> 09:33.640 The agents are doing a lot of it. 09:34.000 --> 09:36.780 It's, so that's what it is so that you don't need to worry 09:36.780 --> 09:39.400 if there's conscription and there's bombs dropping 09:39.400 --> 09:41.580 and there's war in wherever you are. 09:41.720 --> 09:42.640 That's what it's about. 09:43.060 --> 09:45.900 Okay, so now you understand the kind of background 09:45.900 --> 09:46.620 behind it. 09:46.880 --> 09:47.820 So now let's talk about, 09:48.400 --> 09:52.500 I wanna go on to the five main countries that we cover 09:52.500 --> 09:53.740 and the link's below in the description 09:53.740 --> 09:54.640 before I forget that. 09:55.020 --> 09:58.840 So UK, USA, EU, Canada, Australia, New Zealand. 09:58.840 --> 10:02.420 I did a forecast today of the impact of this $109 10:03.000 --> 10:05.820 or $107 now, oil price for you. 10:06.460 --> 10:08.940 So as of today, if the price sort of stays at this level 10:08.940 --> 10:10.460 and we don't see any improvements 10:10.460 --> 10:13.080 with the straight opening up, 10:13.400 --> 10:14.340 yes, those are the pipelines 10:14.340 --> 10:17.280 and they're working things out different routes now 10:17.280 --> 10:19.560 but it's gonna take a long time to go through. 10:20.700 --> 10:25.120 The United Kingdom is a net importer of oil. 10:25.260 --> 10:26.100 I think we all know this. 10:26.200 --> 10:27.480 It's a net importer. 10:27.480 --> 10:29.260 We talked to you the other day 10:29.260 --> 10:30.880 about what they said about the North Sea. 10:31.040 --> 10:33.440 Okay, open the floodgates, get it going 10:34.020 --> 10:35.880 because they don't understand their politicians. 10:36.480 --> 10:38.720 Six months plus to get this going 10:38.720 --> 10:40.520 and that's just to get it going. 10:41.160 --> 10:42.880 So it's a long way out. 10:43.320 --> 10:45.540 So what do I think you could see £1.60, 10:45.900 --> 10:48.880 well £1.70 a liter at the pumps on petrol. 10:49.740 --> 10:52.440 You could see just massive, 10:52.580 --> 10:56.580 probably half a point off GDP as well I think this year 10:56.580 --> 10:59.300 and that's gonna probably tip us into recession. 10:59.740 --> 11:02.360 So the UK is likely to go into recession 11:02.360 --> 11:04.640 especially if we go further to 125 11:04.640 --> 11:06.700 which is the next level on the forecast. 11:07.200 --> 11:08.640 I still see that. 11:09.380 --> 11:11.580 I think we're gonna see some inflation shocks. 11:12.160 --> 11:13.760 And the other thing with the inflation shocks 11:13.760 --> 11:15.420 I think is a kind of issue 11:15.420 --> 11:18.280 is that you're gonna have this perfect storm 11:18.280 --> 11:19.420 hitting at the same time. 11:19.780 --> 11:21.860 So you're gonna have the inflation 11:23.280 --> 11:26.320 at the same time as the shortages 11:26.320 --> 11:28.460 and I know they kind of go hand in hand 11:28.870 --> 11:30.020 but you're gonna see the shortages, 11:30.520 --> 11:31.680 you're gonna see the inflation 11:32.090 --> 11:34.400 at the same time that they've cut back on all the energy 11:34.980 --> 11:36.600 and there's gonna be a lot of knock on effects. 11:36.800 --> 11:39.440 I wanna cover that maybe on Friday's walk and talk 11:39.940 --> 11:42.180 because everyone's focused on the wrong thing. 11:42.560 --> 11:44.680 We're focused on the energy which is important 11:44.680 --> 11:46.560 like I said, follow the oil price 11:46.560 --> 11:47.700 and it'll tell you everything else. 11:48.260 --> 11:50.780 But I really wanna get into on another video 11:51.160 --> 11:52.960 the impact that a lot of people aren't seeing. 11:53.940 --> 11:56.780 Fertilizer, it's already down massively 11:57.320 --> 12:00.460 and it depends on different regions, 30 to 50%. 12:00.460 --> 12:02.800 We're seeing some, and this is just before 12:02.800 --> 12:04.540 the planting season, okay? 12:04.660 --> 12:07.260 Any farmer watching will verify what I'm saying, 12:07.360 --> 12:08.200 please leave a comment. 12:08.740 --> 12:10.780 Just before the planting season, 12:10.980 --> 12:13.180 if the fertilizers double the price 12:13.180 --> 12:15.020 than what it was before 12:15.020 --> 12:17.280 and just think what it was back in 2020 12:17.280 --> 12:20.500 before the Russia-Ukraine conflict kicked off, 12:21.060 --> 12:23.020 this is gonna hit farmers hard. 12:23.540 --> 12:24.620 Will they still plant? 12:24.920 --> 12:26.760 Yeah, I think most of them probably will 12:27.720 --> 12:29.400 but there's gonna be difficulties. 12:29.780 --> 12:32.000 What if there isn't enough 12:32.430 --> 12:33.720 at the time when they need to plant? 12:34.600 --> 12:36.520 You might not get the crop down in time. 12:36.640 --> 12:38.800 There's a lot of issues around food, 12:39.000 --> 12:40.580 fertilizer and other things come in. 12:40.800 --> 12:42.200 I won't get into too much of that today, 12:42.260 --> 12:43.940 I'll get into it on another video. 12:44.560 --> 12:47.100 But UK is probably one of the worst 12:47.100 --> 12:48.160 that's gonna get hit. 12:48.760 --> 12:51.500 USA is not gonna be hit very much at all, 12:51.580 --> 12:52.620 there might be some inflation, 12:53.200 --> 12:54.900 that's why Trump's trying to get power 12:54.900 --> 12:56.580 to drop rates at the moment 12:57.320 --> 12:59.800 but you're not gonna see too much of an impact, 12:59.960 --> 13:01.720 they'll probably ramp up the oil production 13:01.720 --> 13:02.360 and other things. 13:02.780 --> 13:04.820 So I don't see too many issues, 13:04.920 --> 13:06.960 there might be some inflation on consumers. 13:07.500 --> 13:09.360 In terms of the US as a whole, 13:09.760 --> 13:11.560 I think it can weather the storm, 13:11.840 --> 13:13.000 same with Canada. 13:13.640 --> 13:16.000 Canada's actually in their exporter as well. 13:16.400 --> 13:18.560 So they might even do better. 13:18.980 --> 13:20.340 They might actually increase. 13:20.560 --> 13:21.300 If you're in Canada, 13:21.680 --> 13:24.740 I think it's probably one of the only positive good news 13:25.240 --> 13:26.240 for you on the economy. 13:26.640 --> 13:28.140 You could see half a percentage point 13:28.140 --> 13:31.960 to one percentage point rise in your GDP 13:31.960 --> 13:34.360 as a result of all of the energy outflows. 13:35.200 --> 13:38.500 The European Union is where it's not looking good. 13:39.140 --> 13:42.320 So the price shocks 13:42.840 --> 13:43.740 are staggering. 13:44.480 --> 13:46.340 And I was looking as well at, 13:47.260 --> 13:48.420 where was it? 13:48.520 --> 13:49.420 Okay, yeah, here we go. 13:49.700 --> 13:54.040 I was looking at the price of jet fuel. 13:54.260 --> 13:55.680 Let me show you on the shared screen. 13:56.380 --> 13:59.180 So I was looking at the price of jet fuel as well 13:59.180 --> 14:01.220 and someone did the chart for me 14:01.220 --> 14:02.440 so they did me a big favor here. 14:02.760 --> 14:04.080 But you look at where it's gone. 14:04.720 --> 14:07.800 It is incredible at the moment, 14:07.940 --> 14:09.740 1,800 per metric ton. 14:10.300 --> 14:13.160 This has just exploded. 14:14.200 --> 14:15.620 Absolutely exploded up. 14:16.460 --> 14:18.260 That isn't the live price today, by the way, 14:18.280 --> 14:20.220 but this is just to show you an example 14:20.220 --> 14:22.440 of where prices are at the moment. 14:22.800 --> 14:23.740 This is exploding. 14:23.940 --> 14:24.920 So if you're thinking, 14:25.340 --> 14:27.760 you're gonna have a European holiday vacation, 14:27.940 --> 14:29.000 you're gonna be taking some flights, 14:29.700 --> 14:30.500 book either, 14:31.200 --> 14:32.820 if you can book them now 14:32.820 --> 14:34.360 and they're still low enough, do it. 14:34.620 --> 14:36.080 Otherwise you're just gonna have to wait 14:36.080 --> 14:39.000 or if it's that crazy, the prices. 14:39.460 --> 14:42.080 And there might be fuel shortages everywhere, 14:42.700 --> 14:45.020 then you might wanna start thinking about that now. 14:45.460 --> 14:47.200 I know a lot of people are already thinking 14:47.200 --> 14:49.520 about their vacations and holidays at the moment. 14:49.960 --> 14:52.060 Some people know obviously not going to Dubai 14:52.060 --> 14:53.440 and things like that this year, 14:53.640 --> 14:55.340 that those holidays have been canceled. 14:55.760 --> 14:56.960 But even people that are traveling 14:56.960 --> 14:58.000 to the other side of the world, 14:58.720 --> 15:00.880 you know, you're Asia and you're New Zealand, 15:00.980 --> 15:03.000 Australia, we'll talk about that in a moment. 15:03.600 --> 15:06.120 People are canceling these trips at the moment as well 15:06.120 --> 15:07.500 because of all the instability. 15:09.080 --> 15:11.200 So the European Union, 15:12.620 --> 15:16.140 they're gonna have massive shocks with fuel. 15:17.300 --> 15:19.360 I also think consumer spending 15:19.360 --> 15:20.860 is gonna erode quite heavily 15:20.860 --> 15:23.380 because of the increased base costs, 15:24.240 --> 15:26.700 energy intensive industries as well. 15:26.780 --> 15:29.020 So I've got autos, chemicals, manufacturing, 15:29.520 --> 15:30.620 hit very hard. 15:30.940 --> 15:32.460 And then this is gonna cause a challenge 15:32.460 --> 15:33.820 for the European Central Bank 15:33.820 --> 15:35.260 because they're gonna be in this dilemma. 15:35.660 --> 15:36.860 What is the dilemma then? 15:37.860 --> 15:40.160 Higher rates to fight inflation, 15:40.580 --> 15:42.140 if they actually raise rates, 15:42.580 --> 15:45.660 then we'll create a double-edged sword 15:45.660 --> 15:48.000 because the higher the rates go, 15:48.280 --> 15:51.920 that will sort of cut spending in the economy. 15:52.440 --> 15:53.840 Businesses are not gonna be hiring, 15:54.200 --> 15:56.140 doing R&D or anything like that. 15:56.380 --> 15:58.080 They're gonna cut back just to survive. 15:58.640 --> 16:00.960 So this is gonna be a double-edged sword for the EU. 16:01.300 --> 16:02.900 I'm not seeing good things at all. 16:03.260 --> 16:05.980 Australia, New Zealand not looking good either. 16:05.980 --> 16:08.060 They're both massive oil importers. 16:08.340 --> 16:11.340 They're gonna get hit very, very hard there. 16:11.800 --> 16:13.260 Transport-heavy economies. 16:14.140 --> 16:18.440 This is not gonna be good for Australia and New Zealand. 16:19.420 --> 16:21.980 So those are the main points from that aspect of it. 16:22.260 --> 16:24.160 Now I wanna go on to mortgage rates, 16:24.580 --> 16:26.300 and here we go. 16:27.180 --> 16:29.120 So this was a big shock. 16:29.240 --> 16:30.420 Do you remember last week 16:30.420 --> 16:33.300 I sort of warned you about mortgage rates 16:33.300 --> 16:35.160 and, oh, sorry, it's about 10 days ago now 16:35.160 --> 16:35.920 on The Walk and Talk. 16:36.420 --> 16:38.760 And I said, just be really careful with these rates 16:38.760 --> 16:42.660 because look, all of these sub 4% rates now have vanished. 16:42.900 --> 16:43.560 They have gone. 16:45.080 --> 16:47.080 So this was from Money Facts. 16:47.240 --> 16:48.380 This is where the data came from. 16:49.300 --> 16:54.620 The average two-year fixed mortgage is 5.3% now. 16:55.100 --> 16:57.240 That's what it is, 5.3%. 16:57.240 --> 17:02.080 The average five-year fixed is 5.35%. 17:02.520 --> 17:04.320 And it says up from this yesterday, 17:04.480 --> 17:05.980 but that's not what we're looking at. 17:06.420 --> 17:09.260 Before, there were these sub 4% deals. 17:09.720 --> 17:12.840 So now they're all the way up to 5.35%. 17:12.840 --> 17:15.040 So really, if you haven't locked in your rate 17:15.040 --> 17:16.180 and you're looking for a new mortgage, 17:16.500 --> 17:18.620 you might have to wait for a long time 17:18.620 --> 17:20.320 before these rates come back down. 17:20.460 --> 17:22.440 And if they do, I mean, that's the dilemma. 17:24.240 --> 17:25.900 That's really what you've gotta think about. 17:26.500 --> 17:28.920 Do you lock in now at this rate, 17:29.920 --> 17:31.300 or do you wait? 17:31.300 --> 17:33.340 But the problem is if you wait, 17:33.700 --> 17:36.100 and this gets worse, which I think it could do, 17:36.940 --> 17:38.680 you're gonna be sat waiting and waiting 17:38.680 --> 17:42.520 as rates go to five and a half, five, seven, five, 6%. 17:42.520 --> 17:43.540 They could go a lot higher. 17:43.820 --> 17:44.920 You could see 7%. 17:44.920 --> 17:47.820 Do you remember back in the 70s and 80s, 17:47.980 --> 17:51.500 you had mortgage rates, 14, 16, 18, 17:51.620 --> 17:53.340 some of them 20% or more. 17:53.920 --> 17:57.360 This, and what we're seeing is a very similar pattern 17:57.700 --> 17:59.960 to the 70s and 80s oil shock. 17:59.960 --> 18:02.080 It's not the same pattern as 2008, 18:02.220 --> 18:03.540 like you keep hearing on the news. 18:03.720 --> 18:04.500 It's not. 18:04.640 --> 18:05.640 They're completely different. 18:05.880 --> 18:07.500 One was demand-driven. 18:07.780 --> 18:10.820 One is a war situation with a closure. 18:11.660 --> 18:13.940 So again, it's just something for you to think about. 18:14.260 --> 18:15.120 What would I do? 18:15.940 --> 18:18.440 I'm not sure, because I'm not in that situation. 18:18.840 --> 18:22.080 But I do think that these rates 18:22.080 --> 18:23.320 are probably gonna keep going up 18:23.320 --> 18:25.120 if you don't see an end to the crisis. 18:25.620 --> 18:26.780 And you've gotta think about that. 18:26.960 --> 18:28.720 How do you see an end to this crisis? 18:29.600 --> 18:32.520 I think it's kind of a checkmate at the moment. 18:33.400 --> 18:35.180 The only thing I could really see 18:35.180 --> 18:37.320 is the US pulling out and saying, 18:37.940 --> 18:40.100 look, we achieved our objective there 18:40.100 --> 18:42.000 and that's it, it's done. 18:42.240 --> 18:43.700 But how's that gonna open the straight? 18:44.620 --> 18:48.160 How, I don't see a solution there. 18:48.460 --> 18:50.680 It's gonna take time to reroute all the oil 18:50.680 --> 18:52.420 and that adds cost to the oil 18:52.420 --> 18:54.460 which is gonna hit the consumer. 18:54.920 --> 18:56.920 So I, honestly, ladies and gentlemen, 18:57.480 --> 18:59.260 I don't see a solution for this. 18:59.440 --> 19:03.040 I can't see, and I'm usually very clear 19:03.040 --> 19:04.460 to see it a way out of it. 19:04.660 --> 19:07.040 I can't see a way out of this situation right now. 19:07.620 --> 19:08.980 I think it's a massive stalemate. 19:09.420 --> 19:11.600 We're gonna have to wait for things to move and shift. 19:11.940 --> 19:13.440 And only then we're gonna be able 19:13.440 --> 19:16.560 to come up with a forecast for this. 19:16.620 --> 19:17.760 But I just don't see it right now. 19:17.860 --> 19:19.740 I think it's worrying. 19:20.340 --> 19:22.140 And then, yeah, let's go on. 19:22.260 --> 19:23.080 Let's keep going. 19:23.200 --> 19:24.180 I was gonna end the stream there, 19:24.200 --> 19:25.380 but let's do a longer one today. 19:26.140 --> 19:28.940 What happened over the last 24 hours then? 19:29.180 --> 19:33.000 Well, Iran's intelligence minister was taken out. 19:33.540 --> 19:37.740 This was the third key figure within the last 24 hours. 19:38.700 --> 19:42.660 It was the IDF that actually did, hold on. 19:43.020 --> 19:44.540 Yeah, it was the IDF that did that. 19:46.020 --> 19:49.040 The head of security as well, Iranian security. 19:49.560 --> 19:50.960 The head of the parliamentary, 19:51.700 --> 19:53.740 I'm sorry, the paramilitary force 19:53.740 --> 19:56.600 was also taken out, all of these things. 19:56.820 --> 19:57.820 So what was the response? 19:58.680 --> 20:00.100 I thought, I don't know if you've seen this. 20:00.180 --> 20:04.820 I wanna just show you this video that I saw. 20:05.840 --> 20:08.340 It was quite incredible actually. 20:08.900 --> 20:09.920 Let's go to the shared screen. 20:10.900 --> 20:14.280 Okay, so what they're finding now 20:14.280 --> 20:16.380 is that Iran has these missiles 20:16.840 --> 20:18.640 and they are underneath the desert. 20:18.640 --> 20:20.140 And you think how big, 20:20.800 --> 20:22.380 so when they've been trying to, 20:22.640 --> 20:25.740 the US and Israel have been trying to hit these launch sites 20:25.740 --> 20:27.200 because that's what was happening before. 20:27.360 --> 20:28.180 Let's play the video, sorry. 20:28.660 --> 20:31.000 So what was happening was when Iran launched 20:31.000 --> 20:32.560 from their static launchers, 20:32.860 --> 20:35.160 they would just get blown up right away. 20:35.260 --> 20:35.920 They were taken out. 20:36.200 --> 20:39.640 But now they've got these launchers under the desert. 20:40.060 --> 20:41.200 And they're actually saying that 20:41.200 --> 20:42.660 even though they've been striking some of these 20:42.660 --> 20:46.300 positions, what would happen is another missile 20:46.300 --> 20:47.720 would come from a different location. 20:48.140 --> 20:49.820 So what they actually think now, 20:49.920 --> 20:52.200 this is the latest from the intelligence anyway, 20:52.680 --> 20:57.260 they think that Iran has built these missile launchers 20:57.260 --> 20:59.460 that are on some sort of roller system. 21:00.040 --> 21:02.440 So it isn't just coming up and launching 21:02.440 --> 21:03.280 and going back down. 21:03.500 --> 21:04.880 They think it sort of comes down 21:04.880 --> 21:06.020 and goes through a corridor 21:06.460 --> 21:08.320 and there's just loads of these tunnels 21:08.320 --> 21:10.300 that go all over the place 21:10.300 --> 21:11.580 because they're hitting them 21:12.060 --> 21:13.960 and then it's just popping up in another place. 21:13.960 --> 21:17.920 So it is not, this is some of the US intel. 21:18.040 --> 21:20.020 They're saying this is a real challenge now 21:20.020 --> 21:21.200 to deal with this situation. 21:21.840 --> 21:24.320 And you think what is it, 930 miles? 21:25.800 --> 21:28.260 That's something like 930 miles. 21:28.420 --> 21:30.680 Yeah, I think it is of coastline. 21:31.080 --> 21:31.980 This is crazy. 21:32.380 --> 21:34.480 And then there was another strike 21:34.480 --> 21:37.180 on a Australian base. 21:37.400 --> 21:39.100 It actually came out in the UK news 21:39.100 --> 21:40.340 saying that it was a British base. 21:40.440 --> 21:41.800 It's actually not a British base. 21:41.800 --> 21:44.740 This is an Australian base in the UAE. 21:45.680 --> 21:48.100 And the Guardian talked about it. 21:48.180 --> 21:50.560 So it actually hit near the base 21:50.560 --> 21:52.440 and it was the second time 21:52.440 --> 21:53.800 that it's actually taken place. 21:54.060 --> 21:55.520 No soldiers were injured, 21:55.900 --> 21:57.840 but I thought it was really interesting 21:57.840 --> 22:00.540 listening to his response around this. 22:01.240 --> 22:03.600 He was asked, was anyone injured? 22:03.740 --> 22:06.160 He said, no, it hit an accommodation block 22:06.160 --> 22:07.480 in a medical facility. 22:07.980 --> 22:10.800 But he said, he was asked directly 22:10.800 --> 22:12.340 if Australia was now at war. 22:12.480 --> 22:13.240 And he said, no. 22:13.620 --> 22:15.260 And he refused to elaborate. 22:15.800 --> 22:17.920 But then later on, he said things along, 22:18.140 --> 22:19.760 you know, we don't want any trouble here. 22:20.060 --> 22:21.640 You know, Iran is not our enemy. 22:21.900 --> 22:23.580 We don't want any hassle, any trouble. 22:24.000 --> 22:26.660 We also had the German Defense Minister as well. 22:26.920 --> 22:29.080 I want to show you what he had to say. 22:29.560 --> 22:31.360 I'll read it out and then we've got a short clip. 22:33.640 --> 22:35.220 A lot of European leaders, 22:35.600 --> 22:38.180 if you watch them and listen to their press conferences, 22:38.780 --> 22:40.080 they're all saying the same thing. 22:40.080 --> 22:41.200 So at the start, they were, 22:41.400 --> 22:44.220 or even before the whole war started, 22:44.680 --> 22:45.360 they were all saying, 22:46.900 --> 22:49.200 yeah, you know, it was like fighting took, 22:49.420 --> 22:50.380 you know, tough guy took, 22:50.820 --> 22:52.660 oh yeah, Iran and this and that. 22:52.960 --> 22:54.200 Now have you seen what they're doing? 22:54.740 --> 22:56.160 None of them are doing it. 22:56.260 --> 22:57.520 They're all backtracking. 22:57.920 --> 22:58.980 We don't want any trouble. 22:59.260 --> 23:01.720 Iran's not our enemy, et cetera. 23:01.900 --> 23:03.260 And I think this is becoming harder 23:04.700 --> 23:07.220 as Trump is making comments on NATO. 23:07.740 --> 23:08.980 Do we even need them? 23:08.980 --> 23:09.900 We don't need them. 23:10.160 --> 23:11.600 They didn't come to our defense. 23:11.780 --> 23:12.960 They didn't come to our call, 23:13.040 --> 23:15.320 the rally call for the Strait of Hamuz. 23:16.540 --> 23:18.940 So you can kind of see where this is going. 23:19.080 --> 23:20.600 Europe's kind of breaking away. 23:21.080 --> 23:21.960 And if that happens, 23:22.040 --> 23:25.880 it's only going to make the U.S. or Trump, 23:26.040 --> 23:27.200 whichever you want to say, 23:30.080 --> 23:32.080 potentially think more clearly about, 23:32.240 --> 23:33.660 well, do I just pull out of NATO? 23:33.940 --> 23:36.900 And that would really separate everything. 23:36.900 --> 23:39.320 You would have all these new alliances forming, 23:39.340 --> 23:42.160 which maybe the EU's planned for this, 23:42.200 --> 23:43.660 because remember what Ursula said, 23:44.260 --> 23:46.180 they want to move closer to China. 23:46.520 --> 23:48.860 You heard Canada, we want to move closer to China. 23:49.440 --> 23:51.280 The U.S. wants to move closer to India. 23:51.900 --> 23:53.660 You know, you've got all these new alliances 23:53.660 --> 23:55.140 that are still in the early stages. 23:55.620 --> 24:01.280 But what's going to happen if Europe no longer has the U.S. 24:01.360 --> 24:04.180 and they've been waging the proxy war 24:04.180 --> 24:06.600 with Ukraine against Russia? 24:07.000 --> 24:08.980 Like there's so many things here, ladies and gents, 24:09.100 --> 24:11.720 there's so, this is why I said years back, 24:11.840 --> 24:14.020 as we get closer to 2027, 24:14.720 --> 24:16.260 things are going to get crazy 24:17.880 --> 24:19.860 because it's so difficult to forecast. 24:20.040 --> 24:21.540 Everything's going to be fragmented. 24:21.940 --> 24:23.560 And this is where everything's changing. 24:23.740 --> 24:25.200 At the exact same time, 24:25.760 --> 24:29.340 the AI robotics are coming in for jobs. 24:29.860 --> 24:33.360 And I've talked about the white color. 24:33.360 --> 24:34.800 I don't want to go over all that again. 24:35.180 --> 24:36.440 But even the blue color, 24:36.860 --> 24:38.120 I don't think I've been clear enough 24:38.120 --> 24:40.180 because people think, oh, my job's safe. 24:40.300 --> 24:41.240 I'm a blue collar worker. 24:41.360 --> 24:43.320 I'm completely safe for the rest of my life. 24:43.860 --> 24:50.100 No, I actually think by probably 2031, 2032, 24:50.800 --> 24:52.040 a lot of the blue collar jobs 24:52.040 --> 24:53.380 are going to be gone as well. 24:53.920 --> 24:55.840 I know this is a crazy thing to say, 24:55.900 --> 24:58.880 but I genuinely think a lot of the blue collar jobs 24:58.880 --> 25:00.480 are going to be hit as well. 25:00.620 --> 25:01.780 Because you look at the robots, 25:01.780 --> 25:03.840 they are advancing so fast now, 25:04.100 --> 25:06.220 especially with the AI integration. 25:06.520 --> 25:08.400 They are, the things they're doing, 25:08.700 --> 25:09.780 they're already going up to these, 25:10.040 --> 25:12.640 where there's electrical cables, 25:13.220 --> 25:15.620 it's flying around and it's live. 25:16.160 --> 25:17.500 And they have these robots going up 25:17.500 --> 25:18.880 and they're with these things 25:18.880 --> 25:20.760 and they're dealing with it and everything. 25:21.120 --> 25:23.680 They're already doing it with a controller, obviously. 25:24.060 --> 25:25.000 They're not doing it on their own. 25:25.060 --> 25:27.160 But you think how long it's going to be 25:27.160 --> 25:29.580 before they get up to speed on some basic stuff. 25:30.180 --> 25:32.520 And then as AI keeps speeding up, 25:32.560 --> 25:33.660 the robots will get better. 25:34.160 --> 25:36.020 Eventually they'll be able to do all sorts of things. 25:36.380 --> 25:38.060 Are they going to be able to go into like, 25:38.320 --> 25:40.760 my house is a very complex build, 25:41.480 --> 25:42.800 but are they going to be able to do 25:42.800 --> 25:44.440 what my plumber was doing today, 25:44.880 --> 25:46.740 which was a complex, complex joint? 25:47.280 --> 25:49.480 Probably not, probably not at this stage. 25:49.800 --> 25:51.200 Will they do it in three or four years? 25:51.400 --> 25:53.960 Probably not, but eventually they'll get there. 25:54.400 --> 25:56.000 So these are all the things to think about. 25:56.120 --> 25:56.940 There's a lot going on. 25:57.320 --> 26:01.360 So let me play what the German Defense Minister 26:01.360 --> 26:02.380 had to say there. 26:03.260 --> 26:06.400 In fact, it's actually in German, so I'll just... 26:06.400 --> 26:07.200 Here we go. 26:07.800 --> 26:08.700 Let's just... 26:10.520 --> 26:13.100 So he's saying that, oh, let's go back. 26:13.620 --> 26:16.320 Safe passage through the Strait of Hamuz 26:16.320 --> 26:18.060 is not possible, he said. 26:18.600 --> 26:21.120 And as the Federal Minister of Defense 26:21.120 --> 26:22.340 already pointed out yesterday, 26:22.840 --> 26:24.760 if the American armed forces 26:24.760 --> 26:26.980 are not able to provide military security, 26:27.320 --> 26:28.940 then the European forces will probably 26:28.940 --> 26:30.240 not be able to do so either. 26:31.160 --> 26:33.680 Therefore, I stand by my second opinion 26:33.680 --> 26:35.060 that at the end of the day, 26:35.240 --> 26:40.320 we do need agreements with the Gulf States 26:40.950 --> 26:43.540 and with a certain involvement of Iran. 26:44.220 --> 26:44.780 So there you go. 26:46.360 --> 26:48.640 What a U-turn this has been. 26:48.780 --> 26:51.840 This has been an absolutely massive, 26:52.060 --> 26:53.900 massive U-turn now, truly. 26:54.340 --> 26:58.220 From all this fighting talk, this is now... 26:58.220 --> 27:00.800 I mean, I'm not surprised by any of this. 27:00.980 --> 27:04.000 I'm really not surprised by a lot of the things 27:04.500 --> 27:05.600 that's taking place here. 27:05.840 --> 27:07.260 I've got a few more things to talk about, 27:07.360 --> 27:08.820 but I think now that's good. 27:09.140 --> 27:12.420 I never like to go over 30 minutes with these streams 27:13.180 --> 27:14.900 because people say, oh, they're too long. 27:15.280 --> 27:17.520 People, I don't think they're too long. 27:17.700 --> 27:18.780 Please let me know in the comments. 27:19.140 --> 27:20.640 I don't think these streams are too long. 27:20.720 --> 27:23.160 There's so much to talk about all the time, 27:23.160 --> 27:26.100 but you'll see, if I go over 30 minutes, 27:26.240 --> 27:27.880 the view count cuts by half, 27:27.940 --> 27:30.180 and if I go to 40 minutes, it's like a quarter. 27:30.460 --> 27:32.700 So I'd rather more people get the news 27:32.700 --> 27:34.880 and see what's going on than not. 27:35.480 --> 27:36.820 But yeah, let me know what you think 27:36.820 --> 27:38.440 in the comments below, ladies and gents, 27:38.540 --> 27:42.800 and check out the link to the digital income program as well. 27:43.120 --> 27:45.680 I really think it's going to help you with this situation. 27:47.760 --> 27:49.860 I don't see any other solutions 27:49.860 --> 27:51.440 rather than getting ahead of everything. 27:51.900 --> 27:54.620 Get ahead of the walls, get ahead of the AI, 27:54.900 --> 27:56.000 get ahead of the robotics, 27:56.460 --> 27:59.160 just get ahead of it with the new digital economy. 27:59.280 --> 28:01.320 You don't even need to be smart for this stuff, really. 28:02.140 --> 28:03.020 You really don't. 28:03.120 --> 28:04.160 I don't know how to code. 28:04.740 --> 28:05.120 I don't. 28:05.320 --> 28:07.240 I've never done coding. 28:09.780 --> 28:12.280 I learned a bit of HTML or something like that 28:12.280 --> 28:13.700 10 to 15 years ago. 28:14.100 --> 28:15.000 Forgot all that now. 28:15.400 --> 28:16.640 But look, I don't know how to code. 28:16.760 --> 28:18.160 I don't know how to do most of this stuff. 28:18.500 --> 28:20.920 And if I can do it, not being a techie guy, 28:20.920 --> 28:25.020 I'm sure a lot of you can do it as well, really. 28:25.500 --> 28:27.840 And again, I won't go into all just talks about it earlier, 28:28.040 --> 28:29.000 but check it out. 28:29.520 --> 28:31.080 Thanks for being a subscriber here. 28:31.480 --> 28:32.200 Take care, God bless. 28:32.420 --> 28:33.500 I'll see you on Friday. 28:34.120 --> 28:36.740 Let's all pray for good weather on Friday 28:36.740 --> 28:39.480 for a good walk and talk on the islands. 28:39.820 --> 28:40.440 Okay, take care. 28:40.500 --> 28:40.860 Bye for now.